In the TurboTax Business Edition, under the Deductions tab, Compensation and Benefits features "Employee compensation & benefits" where you can enter "retirement" or there is an option for "Member retirement contributions" where you can allocate by amount to each employee.
Are these both for employER contributions or is one for employEE contributions?
I have a two-member LLC partnership and I'm wondering where to document the salary-deferred contributions and where to document the employer contributions.
